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Marx's Capital

Capital Volume II: Class 9

Readings: Capital II, ch. 15-17 “If we were to consider a communist society in place of a capitalist one, then money capital would immediately be done away with, and so too the disguises that transactions acquire through it. The matter would be simply reduced to the fact that the society must reckon in advance how […]

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Marx's Capital

Capital Volume II: Class 3

Readings: Capital II, ch. 4-6 Chapters 4-6 do not entirely hold together and there are key points made in each, so I will separate this out into a few sections. First, chapter 4 contains an important theoretical formulation that fills out some of the scattered theoretical references made in Volume I. What is Marx’s theory […]

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Marx's Capital

Capital Volume II: Class 2

Readings: Capital II, ch. 1-3 At the start of Volume II, Marx introduces the process of circulation of industrial capital, which he divides into three forms: money capital, productive capital and commodity capital. Since this is the first time I am reading this text, I do not know exactly where he is going with this, […]

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Marx's Capital

Capital Volume I: Class 9.67

Readings: Capital III, ch. 16, 21, 23, 27, 48, 49, 51; Capital II, ch. 6 This is a bit of divergence from Volume I, but just for one post. In this series of sections, Marx lays out several aspects of the circulation and distribution process of capitalist production. The two that are most salient here […]